01/13/15 |
January 13, 2015 |
The countdown to Speedweeks in Florida continues. As of
this Friday, Jan 16 only five short weeks remain before Daytona and New
Smyrna come alive with the sound of racing engines to signify the official
start of the 2015 racing season.
It was mentioned last week that Frank Ferrara had passed away. MassLive
reported that the 83-year-old lost control of his vehicle while pulling out
of his driveway early Monday morning on Jan 5 and crashed into a fence,
Police identified the victim as Frank L. Ferrara who was pronounced dead at
Baystate Medical Center in Springfield.
The accident occurred about 5:55 a.m. as Ferrara, on his way to an
appointment got into his 2014 GMC and prepared to pull out of the driveway,
Sgt. Patrick Manley said. "Apparently something caused him to lose control
and shoot across the street," Manley said, adding that the vehicle crashed
into a neighbor's pool fence on the other side of the street. Ferrara had a
pre-existing medical condition that may have caused him to lose control,
Manley said. It's not yet clear if Ferrara's death was caused by his medical
condition or the accident itself, he said.
A member of the New England Antique Auto Racers Hall of Fame, his
generosity and loyal involvement to the sport made him one of the driving
forces in local racing for more than 40 years.
He became a car owner in the 1950s at Riverside Park (Agawam, Mass.)
where Karl "Swede" Anderson was his driver. Ferrara also served as one of
the mechanics on the car. After returning from the military, Ferrara found
his former driver now wheeling midgets. The open-cockpit cars are what
turned Ferrara's direction to flagging. He spent a decade waving flags for
the Northeast Midget Association (NEMA) and two years (1966-67) as the chief
starter at Connecticut's Stafford Motor Speedway.
His early involvement at Stafford led to his sponsorship of the annual
100-lap July modified race, named in his honor, The Ferrara 100. Every
driver who competed in the modified division wanted to win the race because
Ferrara treated them grandly. Each victor, and the group includes Hall of
Famers Ray Miller (3 wins), Carl "Bugs" Stevens (2), Ron Bouchard (1), Brian
Ross (1) and the late Charlie Jarzombek (1), received a tool box filled with
silver dollars along with a champagne toast in Victory Lane. The top three
finishers were also given fruit baskets.
He was also a moving force along with Stafford Speedway owner Jack Arute in
creating the first ever Car Owners point fund.
In the never-ending soap opera concerning the Waterford Speedbowl, New
London Superior judge Emmett L. Cosgrove ruled on Monday, Jan 5 that there
was no basis to grant a reconsideration of the foreclosure sale of the track
to Glastonbury businessman Bruce Bemer. New London businessman Edward
Demuzzio asked for the reconsideration after the Oct. 18 foreclosure sale
was approved by Cosgrove on Nov. 14.
Following that, Demuzzio has 20 days to appeal the decision to allow the
report of the Committee of Sale. Demuzzio’s lawyer, Mike Bonnano, said there
are multiple reasons for appeal, but wasn’t immediately sure if Demuzzio
will go that route. "I’m going to discuss it with my client and he will
decide how to proceed from there," Bonnano said. Demuzzio and his company,
CCI, Inc. are owed in excess of $250,000 by current track owner Terry Eames
and his company, 1080 Hartford Road, LLC. But Demuzzio is one of the
creditors who will not receive any of his investment back because the
purchase price of $1.75 million was not enough to satisfy all of the $2
million-plus of debt that 1080 Hartford Road owes.
The court proceeding on Jan 5 was scheduled for 2:30 p.m., but didn’t get
underway until 90 minutes later as attorneys representing the creditors
conducted a little deal-making session between parties to try to find an end
to the impasse. Bonnano, on behalf of Demuzzio, had brought in a proposal
for the other parties, namely Bemer, lead creditors Rocco Arbitell and Peter
Borelli, and Ted and Shawn Parker, to consider. The group, through their
lawyers, apparently counter-offered with a proposal that Demuzzio was not
very happy with and he left the courthouse.
The deal-making continued, however, until Cosgrove determined that the
scheduled hearing was going to take place. Cosgrove asked Bonnano where
Demuzzio was so he could discuss the motion for reconsideration with him.
When told he had left, Cosgrove asked if Demuzzio could return and asked his
lawyer to contact him. Bonnano contacted Demuzzio, but was told by his
client that he was unable to grant the judge’s request. Cosgrove went
forward with the hearing, grilling Bonnano and the attorney for Arbitell,
Bill McCoy, about a supposed deal between the two parties prior to the
foreclosure sale. But having neither party present, Cosgrove had to rely on
statements previously made in affidavits to the court.
He also heard from the lawyers representing several other lienholders and
from one lienholder representing himself, Shawn Monahan. The car owner and
driver from Waterford said he tried to put together a deal that would have
covered his investment prior to the sale, but due to a lack of communication
and disagreements, was unable to do so. Monahan put the whole legal process
in prospective. "Unfortunately, I’m out of my money and Ed is out of his
money. We were on the porch with the big dogs and the big dogs weren’t
willing to share the food," Monahan said. Cosgrove then moved forward with
his decision. "There is nothing in the affidavits that make the Court doubt
the fairness of the sale or that there was a chilling of the bid," Cosgrove
said.
The decision by Cosgrove once again approves the report of the Committee
of Sale. But should Demuzzio decide to appeal, it could be a long and
lengthy process and could seriously jeopardize the 2015 racing season. "I
don’t think (Bemer) is concerned at this point, but if an appeal is filed
then I’m sure there will be some concerns, because of the additional delay,"
said Bemer’s lawyer, Edward Taiman.
On hand at the court was Eames, the current owner and promoter of the
Speedbowl, who said there is no hard date as to when a cancellation of the
entire season would be necessary. "In the course of the last 20 years, I’ve
opened it virtually at the last minute," Eames said. "I think the season has
been damaged, because of the delay so far, but it definitely could still be
opened."
Meanwhile, competitors who contributed in order to have a banquet and
many of those who raced in the final event of 2014 have not seen any
renumeration.
The Thompson Motorsports broke some new ground last week when they
announced that long-time road racer, Lou Gingerella, and experienced
motorsports professional, Josh Vanada, OTB Promotions had teamed up to host
an event on Thompson Speedway Motorsports Park’s (CT) road course, featuring
three of the region’s grassroots stock car divisions. Drivers from the North
East Mini Stock Tour (NEMST), North East Street Stock Tour (NESST), and New
England Truck Series (NETS) will join drivers from Thompson Speedway
Motorsports Park’s (TSMP) Mini Stock Division for this historic event on
Friday, September 11 and Saturday, September 12.
The two-day event will mark the first competitive activity for stock cars
on TSMP’s road course since its $5 million renovation, which was completed
in 2014. The format for the two day event will be a practice day on Friday,
followed by a final practice, qualifying and feature races on Saturday.
It was also announced that Historic Racing will return to Thompson
Speedway Motorsports Park’s Oval Track. The 2015 season will mark the 75th
anniversary of Thompson Speedway Motorsports Park, so it is fitting that it
would also see the return of historic racing on the 5/8 mile oval, for the
first time since 2012. The Historic Oval Invitational will be a two-day
event held on Friday and Saturday, May 15-16, 2015. The races are open to
any race cars built before 2000, and will include Midgets, Sprints, TQ
Midgets, Super Modifieds, Champ Cars, Vintage Outlaws, Stock Cars and more.
The event will also feature a Hot Rod & Classic Car Show on Saturday
morning from 10AM until 2PM. The cost to display a car is $10, which
includes grandstand admission for the event.
The first season of the Tri Track Open Modified Series in New England was
a huge success for all parties involved. The series saw three races that
were held at Lee USA Speedway, Star Speedway and also at Seekonk Speedway,
(as part of their "Open Wheel Wednesday" spectacular show). The trio of
races fielded car counts of up to over 35 cars and brought about some
exciting heat racing where drivers made daring moves in an attempt to
qualify for paydays that exceeded a $6,000 purse in all three races.
As soon as the 2014 Tri Track Series was in the history books, the buzz
around New England had been about whether or not the series would be back in
competition in 2015.
In a Race Chaser Online exclusive, series organizer James Schaefer
announced the tentative schedule for the second annual Tri-Track Open
Modified Series season in 2015. The calendar will see a May 17 race at Lee
USA Speedway, kicking off the series on a Sunday at the same season-opening
track from a year ago. However, a race at Monadnock Speedway on Saturday
June 13 will replace the Star date on the Tri Track circuit. The finale of
the three-race series at Seekonk Speedway will be on July 1, again as part
of the Open Wheel Wednesday spectacular.
While these dates are tentative, Schaefer says things are quickly taking
shape for 2015, and says the series is a "throwback" of sorts to the old
days. "The series is an attempt to bring drivers from all different series
and different tracks together for some old fashioned fun," Schaefer said.
"We are expecting to pay out good purses (over $30,000 per race) along with
a non qualifiers race ($5,000) that we raise from selling laps at $50 per
lap. That way all drivers go home with something."
In 2014, the series brought about a championship point fund for the
driver who compiled the most points in the three races combined, which was
won by longtime modified driver and current ISMA competitor Jon McKennedy.
The points fund will also return in 2015.
"We also have a decent $10,000 point fund. I thought the crowd and car
count at our last race at Seekonk Speedway was outstanding. The car count
doubled from the year before," Schaefer said. The Seekonk open modified show
has been in existence since 2005, but became a part of the Tri Track Series
last year when Schaefer built the three-race circuit. "We hope to duplicate
that at both Lee and Monadnock this year. Anytime you bring that many people
and cars together it is definitely a good thing for the sport."
"We will be renting out the tracks on two occasions (Lee and Monadnock),
and that is a risky feat. Obviously, we do not want to lose our t-shirts as
we did lose money on the Lee race last year but if the fans show their
support, the series should be a success."
On the speedway stock market scene last week two of the three speedway
stocks were down for the week. Showing green was Dover Entertainment, which
went up 0.25 to 2.69. The International Speedway Corporation dropped 1.32 to
30.44 and Speedway Motorsports dropped 0.25 to 22.16. NASCAR fuel supplier
Sunoco (Energy Transfer) dropped 1.27 to 64.28, NASCAR Cup sponsor Sprint
dropped 0.12 to 4.12 and NASCAR tire supplier Goodyear dropped 0.09 to
28.25. Two of the three major car makers ended the week in the green. Toyota
went up 0.55 to 126.22 and General Motors went up 0.76 to 35.60 while Ford
dropped 0.14 to 15.22. In the home improvement sector Lowes went up 0.65 to
68.35 while Home Depot also went up 1.47 to 104.90. In the big team’s
sponsor stocks McDonalds dropped 0.01 to 93.25 and Aaron’s Rentals dropped
0.25 to 30.37 while Coca-Cola went up 0.04 to 89.91, Target went up 1.13 to
76.46 and FedEx went up 0.31 to 172.76.
On the tube this coming week:
Wednesday, January 14
5:00 AM, NASCAR Race Hub - Best of the Year, FOX Sports1
3:30 PM, NASCAR America, NBC Sports Net
5:00 PM, NASCAR Race Hub - Best of the Year, FS1
5:00 PM, NASCAR America, NBCSN
Thursday, January 15
12:00 PM, How It's Made - Impact Wrenches, NASCAR Cars, SCI
5:00 PM, NASCAR Race Hub - Best of the Year, FS1
5:00 PM, NASCAR America, NBCSN
Friday, January 16
3:30 PM, NASCAR America, NBCSN
5:00 PM, NASCAR Race Hub - Best of the Year, FS1
5:00 PM, NASCAR America, NBCSN
6:30 PM, NASCAR Race Hub - Best of the Year, FOX Sports 2
Saturday, January 17
10:00 AM, The 10 - Greatest Drivers in NASCAR History, FS1
10:30 AM, NASCAR 2015: A New Era, FS1
NASCAR Modified Tour and K&N Series fans are still awaiting the
announcement from NASCAR concerning their TV package.
That’s about it for this week from 11 Gardner Drive, Westerly, and
R.I.02891. Ring my chimes at 401-596-5467. E-mail:
smithpe_97_97@yahoo.com.
Phil Smith has been a
columnist for Speedway Scene and various
other publications for over 3 decades.
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Source: Phil
Smith / Champ Trail
Posted: January
13, 2015 |
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